Hindustan Copper Awards Contract to SWML
Hindustan Copper Limited (HCL)
Hindustan Copper has awarded South West Mining (SWML) a contract for reopening and expanding the Rakha Copper Mines in East Singhbhum, Jharkhand. The project includes developing a new underground mine at Chapri and setting up a state-of-the-art concentrator plant. SWML will operate the mine under a 20-year agreement, with a 10-year extension option, enhancing HCLs copper production and mining capabilities. The Rakha Mine, inactive since 2001, will resume operations after over two decades.
Location: East Singhbhum District Jharkhand
Estimated Value (Rs. Cr): 2700
Sector: Mining and Metallurgy
Project Stage: Contract Award
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